Den Nye Statsråden Har Arvet en Byggeplass
Paul is discovering the defense prime death spiral
outsource supply chain -> lose control of iteration speed -> costs explode -> design changes die in committee -> 10 years late, $5B over budget
Jonathan Lacostex.comOn the trap of infrastructure investment and the resulting carrying cost of that borrowed money, on top the operating cost of maintaining the new infrastructure, leaving no capacity to improve in the future at the EOL of the new refurbished whatever. This is entropy plus encumbrance like barnacles on a ship
Aka as stressed that the debt service is
... See moreIn the middle of the desert in Saudi Arabia right now, someone is probably thinking, “Maybe a 105-mile-long skyscraper wasn’t the best idea.”
They might be right. Neom, Saudi Arabia’s planned futuristic mega-development, is hitting some bumps on its road to completion. Engineers, architects, and executives face mounting costs and impossible tasks tr... See more
They might be right. Neom, Saudi Arabia’s planned futuristic mega-development, is hitting some bumps on its road to completion. Engineers, architects, and executives face mounting costs and impossible tasks tr... See more